web3.01How much is the market value of Bitcoin? List of Bitcoin price and exchange rates in various countries1How much is the market value of Bitcoin? List of Bitcoin price and exchange rates in various countries
Bitcoin exchange rates vary across countries due to different currencies and exchanges. Here are the latest Bitcoin exchange rates for some major countries: United States Dollar (USD): $23,139 Euro (EUR): €21,583 British Pound (GBP): 19,135 Japanese Yen (JPY): ¥2,985,293 Canadian Dollar (CAD): $29,554 Australian Dollar ( AUD): $33,946 Swiss Franc (CHF): CHF22,327 INR (INR): ₩19,62,854 South Korean Won (KRW): ₩29,527,900 Russian Ruble (RUB): ₽1,755,287
Bitcoin price exchange rate by country
According to different currencies and exchanges, Bitcoin There are differences in coin prices. Here are the current Bitcoin exchange rates for some major currencies and countries:
- United States Dollar (USD): $23,139
- Euro (EUR): €21,583
- GBP (GBP) : 19,135
- Australian Dollar (AUD): $33,946
- Swiss Franc (CHF): CHF22,327
- INR (INR): ₩19,62,854
- South Korean Won (KRW): ₩29,527,900
- Russian Ruble (RUB): ₽1,755,287
- How to Calculate Bitcoin Market Cap
- Bitcoin market cap is the total value of all Bitcoins in circulation. It can be calculated by the following formula:
As of the time of writing this article , there are approximately 19.35 million Bitcoins in circulation. At a price of $23,139, the market capitalization is approximately $468.974 billion.
How to Buy and Sell Bitcoin
There are many ways to buy and sell Bitcoin. The most popular methods are:
- Through exchanges: You can buy and sell Bitcoin using cryptocurrency exchanges like Coinbase, Binance, and Kraken. These exchanges act as intermediaries between buyers and sellers.
- Through peer-to-peer marketplaces: Peer-to-peer marketplaces like LocalBitcoins and Paxful connect buyers and sellers directly for transactions.
- Via Automated Teller Machines (ATMs): It is possible to find Bitcoin ATMs in some countries that allow you to buy and sell Bitcoin using fiat currency.
- By Mining: Mining is the process of validating Bitcoin transactions and creating new Bitcoins.
FAQ
- What is Bitcoin? Bitcoin is a decentralized digital currency that is not controlled by a central bank or government.
- Who created Bitcoin? Bitcoin was created by a person or a group of people who went by the pseudonym Satoshi Nakamoto.
- What is the Bitcoin blockchain? The Bitcoin blockchain is a distributed ledger that records every transaction of Bitcoin.
- Who holds the majority of Bitcoin? The top 100 Bitcoin addresses hold approximately 16% of all Bitcoins in circulation.
- Is Bitcoin safe? The Bitcoin blockchain is known for its security. However, exchanges and other Bitcoin custodians may be vulnerable to hackers.
- What is the future of Bitcoin? Bitcoin’s future is uncertain, but it will likely continue to be a major force in the digital asset space.
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